Klöckner & Co Valuation

Is KCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KCO (€4.66) is trading below our estimate of fair value (€33.08)

Significantly Below Fair Value: KCO is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for KCO?

Key metric: As KCO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KCO. This is calculated by dividing KCO's market cap by their current revenue.
What is KCO's PS Ratio?
PS Ratio0.07x
Sales€6.75b
Market Cap€467.33m

Price to Sales Ratio vs Peers

How does KCO's PS Ratio compare to its peers?

The above table shows the PS ratio for KCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
BYW BayWa
0.03x9.5%€372.6m
WOLF Meta Wolf
3.1xn/a€90.7m
NWX Nordwest Handel
0.09xn/a€64.7m
HMU HMS Bergbau
0.1x2.0%€132.7m
KCO Klöckner & Co
0.07x4.8%€467.3m

Price-To-Sales vs Peers: KCO is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.8x).


Price to Sales Ratio vs Industry

How does KCO's PS Ratio compare vs other companies in the European Trade Distributors Industry?

19 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.5x5.1%
KCO Klöckner & Co
0.07x4.8%US$493.59m
KCO 0.1xIndustry Avg. 0.5xNo. of Companies18PS00.61.21.82.43+
19 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.5x10.8%
KCO Klöckner & Co
0.07x111.2%US$493.59m
No more companies

Price-To-Sales vs Industry: KCO is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Trade Distributors industry average (0.5x).


Price to Sales Ratio vs Fair Ratio

What is KCO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KCO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.07x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: KCO is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.66
€7.55
+62.2%
21.7%€10.00€5.70n/a4
Dec ’25€4.65
€7.55
+62.5%
21.7%€10.00€5.70n/a4
Nov ’25€4.64
€7.88
+69.9%
18.2%€10.00€6.00n/a4
Oct ’25€5.16
€7.88
+52.6%
18.2%€10.00€6.00n/a4
Sep ’25€5.21
€7.88
+51.2%
18.2%€10.00€6.00n/a4
Aug ’25€5.06
€8.00
+58.1%
15.9%€10.00€6.50n/a4
Jul ’25€5.54
€9.08
+63.8%
12.2%€10.00€7.30n/a4
Jun ’25€5.98
€9.08
+51.8%
12.2%€10.00€7.30n/a4
May ’25€6.72
€9.20
+36.9%
9.8%€10.00€7.80n/a4
Apr ’25€6.68
€9.70
+45.2%
15.9%€12.00€7.80n/a4
Mar ’25€6.50
€10.00
+53.8%
16.3%€12.00€8.00n/a3
Feb ’25€6.64
€10.50
+58.3%
16.9%€12.00€8.00n/a3
Jan ’25€6.88
€10.50
+52.6%
16.9%€12.00€8.00n/a3
Dec ’24€6.23
€10.50
+68.5%
16.9%€12.00€8.00€4.653
Nov ’24€5.60
€10.50
+87.5%
16.9%€12.00€8.00€4.643
Oct ’24€6.81
€10.83
+59.1%
12.1%€12.00€9.00€5.163
Sep ’24€7.86
€10.83
+37.9%
12.1%€12.00€9.00€5.213
Aug ’24€8.45
€11.17
+32.2%
7.6%€12.00€10.00€5.063
Jul ’24€8.82
€10.95
+24.1%
7.5%€12.00€10.00€5.544
Jun ’24€8.92
€10.95
+22.8%
7.5%€12.00€10.00€5.984
May ’24€10.05
€10.95
+9.0%
7.5%€12.00€10.00€6.724
Apr ’24€9.87
€9.93
+0.6%
3.3%€10.30€9.50€6.683
Mar ’24€10.34
€9.60
-7.2%
5.6%€10.30€9.00€6.503
Feb ’24€9.68
€9.60
-0.8%
5.6%€10.30€9.00€6.643
Jan ’24€9.17
€9.60
+4.7%
5.6%€10.30€9.00€6.883
Dec ’23€9.09
€10.05
+10.6%
15.8%€12.40€8.00€6.234

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies